AutoZone (NYSE: AZO) – Rated “BBB” by S&P’s – Investment Grade
Credit Tenant
• Brand New Construction – 15 Year Ground Lease – Absolute NNN Lease
Zero Landlord Responsibilities
• 4, 5 Year Options – Approximately 6.50% Increase in Option 1
& 10% Increases thereafter
• Just off Highway 99 (Over 108,200 VPD)
• Adjacent to a Vallarta Supermarkets and Includes a Recently Constructed Starbucks & Panda Express
• Next to the Recently Completed Clinton Overpass – Connecting East &
West Sides of Fwy 99
• Positioned at the Intersection of Clinton Ave & Weber Ave – Over 52,000 VPD
at the Intersection
• Excellent Site Access from Both Clinton Ave & Weber Ave
• Close Proximity to Fresno City College (24,806 Students) & Fresno High School
(2,154 Students)
• AutoZone Same Store Sales Up 21.8% and 12.3% Respectively for their
Previous Two Quarters
• One of the Nation’s Top Automotive Replacement Part and Accessories Retailer
• Over $12.6 Billion in Total Revenue (2020) – Net Income of Approximately
$1.7 Billion (2020)
• Strong Surrounding Demographics – Over 132,752 Residents within a 3 Mile Radius
• Average Household Income of Over $68,320 a 3 Mile Radius